Mantra Learning News

26 Oct 21

Budget 2021: Increases to national living wage

The chancellor is set to increase the national living wage to £9.50 in Wednesday's budget.

The national living wage is what the government has called the national minimum wage for anybody above 22-years-old since 2016.

Those below that age are eligible for what is called the "national minimum wage", which will also see a rise.

People aged 21-22 will see an increase to £9.18 an hour from £8.36 and apprentices, who must be aged 16 or over and not in full-time education, will get a rise to £4.81 from £4.30 an hour.

Chancellor Rishi Sunak said: "This is a government that is on the side of working people. This wage boost ensures we're making work pay and keeps us on track to meet our target to end low pay by the end of this parliament."

And chief secretary to the Treasury Simon Clarke told Sky News that the rise is an "really important protection" against the current cost of living pressures and shows government is "on the side" of working families.

"We're confident this is a really big step to make sure that work always pays," he said.

 

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